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Renovated Duplex: Income-Generating Property
For Sale
Contact for pricing
Pending

629 S Wheatland Avenue, Columbus, OH 43204

Fully renovated, tenant-occupied duplex with immediate rental income.

Property SizeContact for details
Days on Market170

Property Features for 629 S Wheatland Avenue

General Information

Standard status Pending
Property subtype Multifamily
Net Operating Income $1,650

Building Details

Year Built 1950
Units 2
Listing Agency: Coldwell Banker Realty
Listed By: Ricardo Mendoza · License #2017006309
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Jul 24 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This fully renovated duplex presents a turnkey, cash-flowing asset suitable for both new and experienced investors seeking portfolio expansion. The property features two units: one two-bedroom, one-bathroom unit and one one-bedroom, one-bathroom unit. Both units are currently tenant-occupied, providing immediate rental income. Unit 631 S Wheatland is leased at $950 per month, while Unit 629 S Wheatland is leased at $700 per month, offering strong in-place cash flow from day one. Located in an up-and-coming area with continued growth potential, this stabilized investment property requires minimal upfront work.

Key Highlights

  • Fully tenant‑occupied duplex provides immediate rental income.
  • Turnkey and fully renovated, requiring minimal upfront work.
  • Strong in‑place cash flow: Unit 631 S Wheatland ($950/month) and Unit 629 S Wheatland ($700/month).

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated, tenant-occupied duplex with immediate rental income.
Where is this duplex located?
The property is located at 629 S Wheatland Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Fully tenant‑occupied duplex provides immediate rental income.; Turnkey and fully renovated, requiring minimal upfront work.; Strong in‑place cash flow: Unit 631 S Wheatland ($950/month) and Unit 629 S Wheatland ($700/month).
More about this property
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